Stewart Rahr Forks Over $250 Million
Stewart Rahr, pharmaceutical billionaire and self-styled “King of All Fun,” has reportedly agreed to pay a $250 million divorce settlement to Carol, his wife of 43 years.
According to the New York Post Rahr, 67, will hold on to the couple’s $45 million home in the Hampton, while Carol gets the $30 million Trump Park Avenue apartment. But all is not set in stone, as sources tell the Post that Rahr has yet to move out, and Carol has checked in to the Mark Hotel.
After Carol served him with divorce papers last December, Rahr rounded up Ben Brafman and David Aronson, whose firm repped Katie Holmes in her divorce from Tom Cruise, to serve as his lawyers.
The settlement ranks among the top 10 most expensive divorces in legal history, the Post reported. But still, small change for the orange-tinted playboy, who sold his business, Kinray, in 2010 for $1.3 billion.
Two words: prenuptial agreement.
A message from our CEO & publisher Rachel Fishman Feddersen
I hope you appreciated this article. Before you move on, I wanted to ask you to support the Forward’s award-winning journalism during our High Holiday Monthly Donor Drive.
If you’ve turned to the Forward in the past 12 months to better understand the world around you, we hope you will support us with a gift now. Your support has a direct impact, giving us the resources we need to report from Israel and around the U.S., across college campuses, and wherever there is news of importance to American Jews.
Make a monthly or one-time gift and support Jewish journalism throughout 5785. The first six months of your monthly gift will be matched for twice the investment in independent Jewish journalism.
— Rachel Fishman Feddersen, Publisher and CEO